"Those who made the money in the good years..."
Discussion
"Those who made the money in the good years can start paying some of it back into the pot now"
Is this the most moronic justification for the 50% tax rate you've ever heard? I've heard this said often, and it's just been repeated by Leanne Wood (Plaid Cymru AM) on Question Time. Does she really believe that everyone who earns over £43,875 made bucket loads of money in the "good years" and those earning below that made nothing, or is it just a moronic sound byte for the hard of thinking to latch on to and applaud enthusiastically? The retarted bint said nothing that made any sense throughout the whole program, so that comment topped her performance off nicely.
P.S. I've no idea whether this should be in the TV forum, or the News, Politics etc forum, or some other obscure sub forum, so I thought I'd put it here and see how we went.
Is this the most moronic justification for the 50% tax rate you've ever heard? I've heard this said often, and it's just been repeated by Leanne Wood (Plaid Cymru AM) on Question Time. Does she really believe that everyone who earns over £43,875 made bucket loads of money in the "good years" and those earning below that made nothing, or is it just a moronic sound byte for the hard of thinking to latch on to and applaud enthusiastically? The retarted bint said nothing that made any sense throughout the whole program, so that comment topped her performance off nicely.
P.S. I've no idea whether this should be in the TV forum, or the News, Politics etc forum, or some other obscure sub forum, so I thought I'd put it here and see how we went.
V8mate said:
I thought that the 50% rate only applied to earnings in excess of £150k?
What's with the £43k in the OP?
Sorry, my mistake. The figure I quoted is the start of the current higher rate tax band, but you're quite right, the 50% rate is for earnings over £150k. The point still stands though.What's with the £43k in the OP?
And dont forget that the effective rate for earnings between £100,000 and £150,000 will be closer to 65% - due to the complicated restriction of Personal Tax Allowances in that band of income.
That flies in the face of a "graduated" tax system whereby the rates climb as income climbs. In this situation we have rates climbing and then FALLING to a slightly lower level than the immediate preceding rate.
Needlessly complicated and confusing.
Roll on the next election.
That flies in the face of a "graduated" tax system whereby the rates climb as income climbs. In this situation we have rates climbing and then FALLING to a slightly lower level than the immediate preceding rate.
Needlessly complicated and confusing.
Roll on the next election.
So the 50% will be limited to only those jobs that are directly effected by the markets yes? The strange thing is a lot of the 150k jobs are civil servants, GPs and other public sector PAYE's who have directly benefitted from Labour's ridiculous top level public service pay increases...
TheGreatSoprendo said:
"Those who made the money in the good years can start paying some of it back into the pot now"
Is this the most moronic justification for the 50% tax rate you've ever heard? I've heard this said often, and it's just been repeated by Leanne Wood (Plaid Cymru AM) on Question Time. Does she really believe that everyone who earns over £43,875 made bucket loads of money in the "good years" and those earning below that made nothing, or is it just a moronic sound byte for the hard of thinking to latch on to and applaud enthusiastically? The retarted bint said nothing that made any sense throughout the whole program, so that comment topped her performance off nicely.
P.S. I've no idea whether this should be in the TV forum, or the News, Politics etc forum, or some other obscure sub forum, so I thought I'd put it here and see how we went.
What an annoying, thick, bIs this the most moronic justification for the 50% tax rate you've ever heard? I've heard this said often, and it's just been repeated by Leanne Wood (Plaid Cymru AM) on Question Time. Does she really believe that everyone who earns over £43,875 made bucket loads of money in the "good years" and those earning below that made nothing, or is it just a moronic sound byte for the hard of thinking to latch on to and applaud enthusiastically? The retarted bint said nothing that made any sense throughout the whole program, so that comment topped her performance off nicely.
P.S. I've no idea whether this should be in the TV forum, or the News, Politics etc forum, or some other obscure sub forum, so I thought I'd put it here and see how we went.
h she is.What annoyed me most was her suggestion that MPs shouldn't be entitled to ANY extra housing allowance, as, I quote "£65,000 is a lot of money".
Has she ever actually left Wales?
£65K is not really enough to run a constituency house, exist and live in London as well. Everyone knows that.
What most worried me from last night's QT was just how far the Tories have to go. THere is a lot of work to be done.
It strikes me that Labour have totally lost the next GE; the Tories need now to win it.
Sisyphus said:
Paying it back? you stupid git, I didn't borrow it I worked my nads off earning it & you've already had a big fking slice of it so kiss my shiny arse you thieving s.
In a nutshell, well said.king slice of it so kiss my shiny arse you thieving s."Those who made the money in the good years..." is a real cheap shot and two fingers up to those that want to get on.
Direct and indirect taxation for high earners must be a huge amount of the tax take. I simply don't understand the logic in p1ssing these people off, other than for political posturing.
Cretins.
But to some extent they are all as bad as each other, for example the coal strike was deliberately engineered by Maggie to pay the miners back for the Heath govt. Just that Arfur was too dozy to see it and hadn't picked up on what intelligence and planning were doing behind the scenes.
However I must admit that Labour and it's ilk, in which I include Plaid Cymru etc, do seem to be the most vindictive and retarded of the bunch.
However I must admit that Labour and it's ilk, in which I include Plaid Cymru etc, do seem to be the most vindictive and retarded of the bunch.
Its a noble sentiment. But thats all it is.
It's not actually going to benefit the country, but actually hurt it. Whether it was changed to raise money (which it won't) or to make a statement, if it's detrimental to teh economy then its a bad decision.
This is a bad decision.
The rich already pay a huge amount more than the poor. Problem is, I think they have done this to make a statement. To look as if they are going after the bnakers and traders who caused this economic problem, but that's not who will be effected the most by this! Those bankers, etc, are a small minority of that tax band! There are loads more people that will be effected more by this tax hike, and they had nothing to do with the economic meltdown.
It's nothing more than a publicity stunt to try and appease the low income families who (foolishly) think the rich have caused this problem, when in fact they haven't. At a time like this, creating more social divides by highlighting the gap between the wealthy and poor is only going to create more problems in the short and long term.
There seems to be the thought that because you earn more, you can give more away. But then ask yourself, why would these guys strive to work hard if they aren't going to see the benfits from their hard work.
Fact is, if these so called 'Super rich' (£150k is not a huge amount by some of todays standards) decide to leave, then where are the Low income people going to work? I'd like to see these guys applaud the high tax when they are out of a job, on the dole, but still receiving no money, because the private sector has left the country and now there is no-one left to fund the public sector and welfare benefits. Oops.
P.S.:
No, unfortunately, I'm not one of the 'Super rich', but I do look at things with a bit of common sense
It's not actually going to benefit the country, but actually hurt it. Whether it was changed to raise money (which it won't) or to make a statement, if it's detrimental to teh economy then its a bad decision.
This is a bad decision.
The rich already pay a huge amount more than the poor. Problem is, I think they have done this to make a statement. To look as if they are going after the bnakers and traders who caused this economic problem, but that's not who will be effected the most by this! Those bankers, etc, are a small minority of that tax band! There are loads more people that will be effected more by this tax hike, and they had nothing to do with the economic meltdown.
It's nothing more than a publicity stunt to try and appease the low income families who (foolishly) think the rich have caused this problem, when in fact they haven't. At a time like this, creating more social divides by highlighting the gap between the wealthy and poor is only going to create more problems in the short and long term.
There seems to be the thought that because you earn more, you can give more away. But then ask yourself, why would these guys strive to work hard if they aren't going to see the benfits from their hard work.
Fact is, if these so called 'Super rich' (£150k is not a huge amount by some of todays standards) decide to leave, then where are the Low income people going to work? I'd like to see these guys applaud the high tax when they are out of a job, on the dole, but still receiving no money, because the private sector has left the country and now there is no-one left to fund the public sector and welfare benefits. Oops.
P.S.:
No, unfortunately, I'm not one of the 'Super rich', but I do look at things with a bit of common sense
Edited by Spiritual_Beggar on Friday 1st May 10:50
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